The IRS will allow up to $10,000 in car loan interest deduction starting with 2026 tax filings for the 2025 tax year. This new federal tax break applies to qualifying new vehicles purchased after ...

Retirement comes with many financial surprises. One of them is how tax regulations change once you cross that magical ...

Is car loan interest tax-deductible in 2025? Learn who qualifies under the new 2025 to 2028 rules, income limits and business-use deductions.

The IRS began accepting 2025 federal income tax returns on Jan. 26. Some of the changes, passed in the Big, Beautiful Bill Act last year, impact returns this tax season. Read on for key deductions and ...

Discover what active participant status means and how participation in employer-sponsored retirement plans, such as 401(k)s, ...

(WSPA) – The Treasury Secretary has said many Americans will see a very large refund this tax season and tax experts we spoke with don’t disagree. 7NEWS Here to Help breaks down how the new tax rules ...

Self-employed or freelance and owe taxes? Learn which IRS tax relief options may help, including payment plans, penalty relief and Offer in Compromise.

Teachers can benefit from the educator expense deduction, allowing up to $250 off taxable income for specific expenses. Learn about the deduction’s benefits and rules.

Low-income seniors have new opportunities to reduce their tax burden this year. A new federal deduction allows qualifying ...

As tax season progresses, tax professionals say several updates this year could affect how much Montanans pay or get back.